What is vtv5 trực tiếp bóng đá hôm nay value-added tax rate for construction in Vietnam from July 1, 2025?
What do construction include?
Based on Clause 21, Article 3 of vtv5 trực tiếp bóng đá hôm nayLaw on Construction 2014, construction include urban and rural planning, preparing construction investment projects, conducting construction surveys, designing construction, executing construction work, supervising construction, managing projects, selecting contractors, accepting, handing over works for exploitation and use, warranty, maintenance of construction works, and other activities related to construction.
What is vtv5 trực tiếp bóng đá hôm nay value-added tax rate for constructionin Vietnam from July 1, 2025? (Image from vtv5 trực tiếp bóng đá hôm nay Internet)
What is vtv5 trực tiếp bóng đá hôm nay value-added tax rate for constructionin Vietnam from July 1, 2025?
Pursuant to Clause 12, Article 5 of vtv5 trực tiếp bóng đá hôm nayLaw on Value-Added Tax 2024, vtv5 trực tiếp bóng đá hôm nay subjects not subject to VAT rates include:
Subjects not subject to tax
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12. Maintenance, repair, construction funded by contributions from vtv5 trực tiếp bóng đá hôm nay public sources or humanitarian aid (accounting for 50% or more of vtv5 trực tiếp bóng đá hôm nay total funds used for vtv5 trực tiếp bóng đá hôm nay project) for historical and cultural relics, scenic spots, cultural, art, public service structures, infrastructure, and housing for social policy beneficiaries.
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At vtv5 trực tiếp bóng đá hôm nay same time, according to Point c, Clause 1, Article 9 of vtv5 trực tiếp bóng đá hôm nayLaw on Value-Added Tax 2024, it is stipulated as follows:
Article 9. Tax rates
- A tax rate of 0% applies to vtv5 trực tiếp bóng đá hôm nay following goods and services:
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c) Other export goods and services include: international transportation; leasing transportation means used outside Vietnamese territory; aviation and maritime services directly or through agents for international transport; construction and installation activities abroad or in non-tariff zones; digital content products provided to foreign parties with documentation proving consumption outside Vietnam as regulated by vtv5 trực tiếp bóng đá hôm nay Government of Vietnam; spare parts, materials for repair and maintenance of vehicles, machinery, and equipment for foreign parties consumed outside Vietnam; goods for further processing for export, in accordance with vtv5 trực tiếp bóng đá hôm nay law; goods and services not subject to VAT when exported, except for cases not applying vtv5 trực tiếp bóng đá hôm nay 0% tax rate specified in point d of this clause;
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Thus, vtv5 trực tiếp bóng đá hôm nay value-added tax rate for construction from July 1, 2025, will be determined as follows:
(i) Construction and installation activities abroad or in non-tariff zoneswill be subject to a 0% tax rate.
(ii) Maintenance, repair, construction funded by public contributions or humanitarian aid (accounting for 50% or more of vtv5 trực tiếp bóng đá hôm nay total funds used for vtv5 trực tiếp bóng đá hôm nay project) for historical-cultural relics, scenic spots, cultural, art, public service works, infrastructure, and housing for social policy beneficiarieswill not be subject to VAT.
(iii) Other construction that do not fall under vtv5 trực tiếp bóng đá hôm nay two previous cases (i) and (ii), including services provided by foreign suppliers without a permanent establishment in Vietnam to organizations, individuals in Vietnam via e-commerce and digital platforms,will be subject to a 10% tax rate.
What is vtv5 trực tiếp bóng đá hôm nay taxable value for value-added tax on constructionin Vietnam from July 1, 2025?
Pursuant to Point g, Clause 1, Article 7 of vtv5 trực tiếp bóng đá hôm nayLaw on Value-Added Tax 2024on vtv5 trực tiếp bóng đá hôm nay taxable value for value-added tax, it is prescribed as follows:
Taxable value
1. vtv5 trực tiếp bóng đá hôm nay taxable value is defined as follows:
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g) Regarding construction and installation activities, it is vtv5 trực tiếp bóng đá hôm nay value of vtv5 trực tiếp bóng đá hôm nay project, project component, or portion of vtv5 trực tiếp bóng đá hôm nay work handed over without including VAT. In case of construction and installation excluding materials, machinery, and equipment, vtv5 trực tiếp bóng đá hôm nay taxable value is vtv5 trực tiếp bóng đá hôm nay value of construction and installation excluding vtv5 trực tiếp bóng đá hôm nay value of materials and machinery, and equipment;
h) For real estate business activities, it is vtv5 trực tiếp bóng đá hôm nay sale price of real estate not including VAT minus vtv5 trực tiếp bóng đá hôm nay land levy or land rent paid to vtv5 trực tiếp bóng đá hôm nay state budget (deductible land value). vtv5 trực tiếp bóng đá hôm nay Government of Vietnam regulates vtv5 trực tiếp bóng đá hôm nay determination of deductible land value in accordance with vtv5 trực tiếp bóng đá hôm nay land law;
i) For agency, brokerage activities selling goods and services receiving commissions, it is vtv5 trực tiếp bóng đá hôm nay commission collected from these activities not including VAT;
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2. vtv5 trực tiếp bóng đá hôm nay taxable value for goods and services specified in Clause 1 of this Article includes any surcharges and additional fees vtv5 trực tiếp bóng đá hôm nay business is entitled to receive.
3. vtv5 trực tiếp bóng đá hôm nay Government of Vietnam provides detailed regulations on this Article.
Thus, vtv5 trực tiếp bóng đá hôm nay taxable value for value-added tax on construction and installation activities is vtv5 trực tiếp bóng đá hôm nay value of vtv5 trực tiếp bóng đá hôm nay project, project component, or portion of vtv5 trực tiếp bóng đá hôm nay work handed over without including VAT.
In cases of construction and installation excluding materials, machinery, and equipment, vtv5 trực tiếp bóng đá hôm nay taxable value is vtv5 trực tiếp bóng đá hôm nay value of construction and installation excluding vtv5 trực tiếp bóng đá hôm nay value of materials and machinery, and equipment.
